Vedanta halts 6 sessions rally on clarification on semiconductor mfg; falls 9%
Vedanta has clarified that the proposed business of manufacturing semiconductors will be undertaken by its holding company, Volcan Investments.
Vedanta has clarified that the proposed business of manufacturing semiconductors will be undertaken by its holding company, Volcan Investments.
Vedanta will hold the majority of the equity in the JV, while Foxconn will be the minority shareholder.